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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

2800 Spring Oaks Dr Highland Village, TX 75077

4 Beds 4 Baths 3,002 sqft Built 2007
Last updated:  Dec 26, 2019

INVESTimate

$445,123

$415K - $476K

Price Est.

$2,601

$2.5K - $2.7K

Rent Est.

$458,076  ( +2.91%)   1 YR EST. FORECAST
  
  
  

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2800 Spring Oaks Dr PROPERTY INFO

FACTS
  • Built In 2007
  • Price/Sqft : $148.28
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,002 sqft
  • Baths : 3 Full 1 Half

2800 Spring Oaks Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HERITAGE ELEMENTARY SCHOOL Primary Regular 710 42 10
BRIARHILL MIDDLE SCHOOL Middle Regular 993 64 9
MARCUS 9TH GRADE CAMPUS High Regular 3,182 198 8

HERITAGE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 710
  • # of teachers: 42
10
GreatSchools Rating

BRIARHILL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 993
  • # of teachers: 64
9
GreatSchools Rating

MARCUS 9TH GRADE CAMPUS

  • Education Level: High
  • # of students: 3,182
  • # of teachers: 198
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Chapel Springs Estates

  • 166

    POPULATION
  • 46

    HOUSEHOLDS
  • 88.8%

    WHITE COLLAR

Neighborhood : Chapel Springs Estates

HOUSEHOLDS
46
POPULATION

166

8.5%Renters
91.5%Home Owners
LABOR FORCE

 

88.8%White Collar
11.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,601 per month.

MY RENT : $2,601 MEDIAN RENT : $3,242

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,601 would therefore be considered affordable for annual household incomes greater than $104,040 (12 months x 3.333 x $2,601).

Rent % Affordability
Above $500 97.8%
Above $700 96.5%
Above $1,100 95.7%
Above $1,500 87.0%
Above $1,900 84.4%
HOUSEHOLD INCOME RANGE

Approximately 20 of households in this neighborhood have a total annual income of $104,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,601 per month.

MINIMUM INCOME RANGE : $104,040

Income % Distribution
<$20K 2.2%
$20K-$35K 2.2%
$35K-$60K 8.7%
$60K-$100K 10.9%
>=$100K 76.1%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.2%
10-14 mins 10.9%
15-19 mins 9.4%
20-29 mins 17.2%
30-44 mins 31.2%
45-59 mins 15.6%
>60 mins 7.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,601 per month.

MY RENT : $2,601 MEDIAN RENT : $3,242

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,601 would therefore be considered affordable for annual household incomes greater than $104,040 (12 months x 3.333 x $2,601).

Rent % Affordability
Above $500 97.8%
Above $700 96.5%
Above $1,100 95.7%
Above $1,500 87.0%
Above $1,900 84.4%
HOUSEHOLD INCOME RANGE

Approximately 20 of households in this neighborhood have a total annual income of $104,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,601 per month.

MINIMUM INCOME RANGE : $104,040

Income % Distribution
<$20K 2.2%
$20K-$35K 2.2%
$35K-$60K 8.7%
$60K-$100K 10.9%
>=$100K 76.1%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.2%
10-14 mins 10.9%
15-19 mins 9.4%
20-29 mins 17.2%
30-44 mins 31.2%
45-59 mins 15.6%
>60 mins 7.8%

Chapel Springs Estates Demographics

INDUSTRY

Industry % Distribution
Educational Services 11.6%
Financial Industries 9.3%
Health Care & Social Assistance 10.5%
Manufacturing 9.3%
Professional & Scientific Tech Services 10.5%
Retail & Wholesale Trader 12.8%
Other 36.0%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 37% is 24 or younger and 8% is 65 or older.

Age % Distribution
<15 21.7%
15-19 10.8%
20-24 4.8%
25-44 25.9%
45-65 28.9%
66+ 7.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 14.1%
Construction 9.4%
Healthcare 6.2%
Management, Business, & Financial 35.9%
Production & Transportation 4.7%
Sales & Office 23.4%
Other 6.2%
HIGHEST EDUCATION LEVEL

29% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.3%
High School 10.6%
Masters Degree 17.0%
Professional 3.2%
Some College 16.0%
Other 47.9%

2800 Spring Oaks Dr Comps

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2800 Spring Oaks Dr, Highland Village, TX 75077 is a single family home of 3,002 sqft. HomeUnion INVESTimateĀ® for 2800 Spring Oaks Dr includes a Price Estimate of $445,123 and a Rent Estimate of $2,601. This single family home has 4 bedrooms,4 bathrooms, and was built in 2007. This property has an estimated 15 year annualized Yield of 7.01% and Total Return of 15.69%. The estimated 1 year forecast in home value for 2800 Spring Oaks Dr is 2.91%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , DENTON County , or the 75077 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 75028
  2. 76247
  3. 76262
  4. 76226